🚀 Prometheum, the digital asset trading and custody firm, has soft-launched its controversial Ether (ETH) custody service, treating digital assets as securities. The service, currently available to select companies, is set for a full-scale launch in June. Critics in the crypto community have raised eyebrows, but Prometheum's co-CEO Aaron Kaplan shrugs it off, saying it eliminates arguments against existing laws. Despite initial fears, the SEC's approval has raised hopes for a spot Ether ETF, with odds now estimated at 75%. But will this cause a clash with the Commodity Futures Trading Commission? Stay tuned!
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